Content related to ‘Trends’

Acceleration of Small Business Job Growth is Altering U.S. CRE Industry

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The commercial real estate industry is increasingly focused on the needs of small firms employing fewer than 50 people where job growth is outpacing larger firms by nearly five to one, according to “Emerging Trends in Real Estate® 2016,” co-published by PwC US and the Urban Land Institute (ULI).  Now in its 37th year, the report includes interviews and survey responses from more than 1,800 leading real estate experts, including investors, fund managers, developers, property companies, lenders, brokers, advisers, and consultants. “The real estate industry’s traditional focus on big cities and large employers is shifting significantly as small businesses emerge as the growth engine for the U.S. economy,” said Mitch Roschelle, partner, U.S. real estate advisory practice leader, PwC. “This is creating disruption in the office sector as it finds ways to create new space models to accommodate these employers.” “Advancements in technology that are affecting how people live, work, learn, socialize, and get around are reflected in the rising popularity of cities other than the largest coastal markets as magnets for investment,” said ULI‘s Global Chief Executive Officer Patrick L. Phillips. “More and more of these cities are gaining a competitive edge by positioning themselves as vibrant, more affordable places to live and work, with amenities that appeal to different generations.” 10 Trends To Watch PwC and ULI outline the top trends in real estate for 2016: 18-hour cities 2.0 — The real estate industry is expressing growing confidence in the potential investment returns in these 18-hour markets – or markets where businesses, restaurants, and other services operate virtually around the clock. The growth in investor sentiment is evident in the 2016 top ten rankings – with the exception of San Francisco and Los Angeles, the balance of the markets are 18-hour gateway cities. Next stop: the suburbs — As the cost of living and housing prices have risen in the core gateway markets, it’s apparent that a fresh look at suburban opportunities is gaining investor favor. In the top 40 metro areas, 84 percent of all jobs are outside the center-city core – and that’s the basis for optimism for the suburban future. Offices: barometer of change —The office sector has been benefiting from the strengthening employment numbers and a rethinking of how employees can maximize their productivity through improved workspaces that are seen as more open and promote collaboration. Some surveyed respondents see the redesign as a way to accommodate an alteration in work style itself, while others view it as a way to attract and keep desired talent – and for others,… …Read More…

Technology, Flexibility Strongly Linked To Talent Retention

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Companies are rethinking the tools they use to keep employees engaged and loyal – especially at a time when flexibility and choice are paramount to an increasingly mobile workforce. A newly released survey from Jive Software, Inc. finds that as today’s workforce continues to evolve and new Future of Work trends emerge, seven out of ten (72 percent) employees want to use more technology in the workplace that enables them to work from anywhere. Furthermore, the same percentage state that the freedom to try tools make them more effective in their job, with 43 percent finding it a powerful loyalty driver. (PRNewsFoto/Jive Software) Employers are quickly catching on to Future of Work trends and the impact that technology can have for employee retention, especially in today’s highly competitive market. Eighty-four percent of employers want to implement modern technology tools that enable workplace flexibility as a way to attract and retain top talent. However, there is room for improvement, as 72 percent of respondents believe their company could do better to provide technology that enables more flexibility and 64 percent believe it is “very important” to have the flexibility to work from anywhere. More survey results include: Remote Attraction: Flexible work environments and access to technologies that support productive remote work schedules are increasingly a top consideration in job decisions. 81 percent of employees feel that the freedom to try new tools impacts their job satisfaction. Interestingly, the more senior a person is in their organization, the more strongly they feel about flexibility. 82 percent of senior staff consider flexibility either a “must have” or “very important.” 79 percent of respondents work remotely once a week. But among those who don’t, nearly half say they like going to the office and interacting with colleagues and 43 percent say the nature of their job makes remote work difficult. Should I Stay Or Should I Go: Employee loyalty will continue to be challenged where remote work is not offered. 79 percent of workers who currently have flexibility to work remotely would consider exploring other employment if the option was removed. 62… NOTE:This is a summary of a post found on Real Street Tech | The Smart Place For CRE.Parts of it may be missing. View the full original article at:

Analysts Predict Lift Off For The Cloud

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Cloud-based innovations are transforming how companies do business. From driving better customer experiences to providing cost-efficient, on-demand data solutions, cloud investments are becoming a must for today’s industry leaders. In its report, “The Global Tech Market Outlook For 2015 To 2016,” Forrester Research is predicting that the cloud segment will grow 21 percent between 2015 and 2016 alone. This infographic from TeleTech’s e-newsletter, Dialogue, takes a look ahead at the projected growth of the cloud: Credit: TeleTech Other posts by Mary Ellen McCandless NOTE:This is a summary of a post found on Real Street Tech | The Smart Place For CRE.Parts of it may be missing. View the full original article at:

Americans Are Overworked and Burnt Out, But Surprisingly Happy at Work

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More than half of employees report feeling overworked and burnt out (53%), but the overwhelming majority (86%) are still happy at work and motivated to rise in their organization, according to the inaugural Workplace Index conducted by Staples Advantage.